A story, written by Conor McMorrow and myself, was published in the Sunday Tribune, alleging dodgy practices by Quinn Insurance. Mr Quinn took full-page advertisements in national newspapers, lashing out at the story, proclaiming his integrity. The financial regulator fined Quinn Insurance a record €3.25m for loaning out some of its funds to prop up other Quinn businesses. Quinn Insurance was innovative in tackling spiralling legal costs which in turn benefited premium holders and, arguably, claimants. At that very time, plans were afoot to impose a levy on all premium holders to cover Quinn Insurance losses.

Source: Irish Examiner April 05, 2019 23:03 UTC